Investment Proclamation No. 37/1996


Title: Ethiopia Investment Proclamation No. 37/1996

Scope of Application:  The provisions of this Proclamation shall not be applicable to investments in the prospecting, exploration and development of minerals and petroleum resources.

Type of law: Proclamation

Key words: AREAS OF INVESTMENT (Areas of Investment Reserved for the Government or Joint Investment with the Government;  Areas of Investment Reserved for Domestic Investors; Areas of Investment Allowed for Foreign Investors; Investments to be Undertaken Jointly with the Government); Investment Incentives; Forms of investment; Capital requirement; Investment permit; Technology transfer; Loans; utilization of foreign currency; Investment incentives; Ownership of immovable property; Investment guarantees and Protection; Remittance of Funds; Allocation of Lands

Entry into Force: June 18, 1996

Repeals: The Encouragement, Expansion and Coordination of Investment Proclamation No. 15/1992 (As amended);

Amended by:

Investment (Amendment) Proclamation No. 116/1998;

Investment (Amendment) Proclamation No. 168/1999;

Implemented by:

Repealed by: Investment Proclamation No. 280/2002

Language: Amharic and English

For more: https://www.investethiopia.gov.et/

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